-The Business Standard The Microfinance Bill in its present form may hurt the growth of the Self-Help Group (SHG) programme being run across states to bring people above the poverty line, according to Union rural development minister Jairam Ramesh. “The Bill needs to be rewritten. MFIs are not instruments for poverty alleviation,” Ramesh said in an interaction with reporters after he reviewed initiatives by NABARD in an SHG-bank link programme. He, however, did...

Aamra ekhon-o boli ni kon kagoj porte hobe, kintu agami dine kintu setao bole debo. (Till now, we haven’t told which newspapers must be read, but in the future, we will do that as well.) – West Bengal Chief Minister Mamata Banerjee, speaking on March 29 in defense of her government’s decision to bar all but 13 newspapers from more than 2,400 government-approved libraries across the state. “Kunal Ghosh, associate editor...

HETA, India – At the entrance to this village in India’s eastern state of Jharkhand, a large pond glistened under the bright autumn sun. Yellow and blue lilies surrounded it. A tailor was stitching clothes outside his shop while a few boys nearby were playing carrom on the lid of a rusted oil barrel. It was a tranquil, rustic setting – a candidate for a landscape painting, it seemed. But it...

Jharkhand numbers better than Bihar, Chhattisgarh; but chief minister Munda beset with own problems Controversial as it may have become, Planning Commission data indicates that poverty levels have fallen in Jharkhand in spite of well documented bouts of political instability that have often plagued the Maoist-hit state. The latest data released by the commission suggests that the number of poor in Jharkhand dipped by 6.2 per cent between 2004-05 and 2009-10, a...

As food and civil supplies minister in the previous SP regime, Raja Bhaiya swindled Rs 100 crore from the PDS. As he presides over the food ministry once again, Ashish Khetan exposes the shocking loot A LITTLE MORE than a month ago, Akhilesh Yadav, chief minister of Uttar Pradesh, earned a landslide victory on the idea of hope: Ummeed ki cycle. He had promised clean governance and a corruption-free government. When...